US equities regained ground after Monday’s revenge punishment as the Federal Reserve and the White House moved to mitigate the economic blow of the coronavirus pandemic. The S&P 500 gained 6.3% and the Nasdaq Composite rose 6.2%. The Dow Jones Industrial Average recently rose 5.3%, after falling below 20,000 points at some point in the […]
A defeat in global financial markets deepened on Tuesday, dropping the Dow Jones Industrial Average to 403 points and Treasury yields sliding to new lows. For most of the past few weeks, investors have been fixated on one problem: the potential for a growing coronavirus epidemic to affect economic activity worldwide. Hope… .